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#BTC/USDT ANALYSIS Bitcoin is currently trading within a descending triangle pattern, indicating a period of consolidation that could precede a significant price movement. The Ichimoku cloud, is acting as a resistance zone above the current price action, suggesting bearish pressure in the market. Concurrently, the 200MA is providing a critical support level below the triangle, highlighting a potential area of buying interest. To determine the next significant price direction, traders should closely monitor for a successful breakout above the resistance of the descending triangle or a breakdown below the support. Until such a move is confirmed, it is prudent to remain cautious and avoid making significant trading decisions based solely on the current price action within the triangle. $BTC
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🚨What happened in Crypto in the last 12h?🚨 • "Points airdrop meta is dead" is trending on CT, leading to negative sentiment about $BLAST. • According to Reuters, the US SEC may approve the launch of a spot Ethereum ETF by July 4. • US and Germany governments are selling $BTC. This creating fear of potential sell pressure in the market. • $AEVO - AEVO has updated its tokenomics, committing to at least 1M AEVO buybacks monthly from July to December. • $AKRO - Akropolis has proposed a new roadmap featuring a dPoS-based blockchain and new tokenomics. A snapshot vote is set for June 29. • $ENS - ENS has hinted at a rebrand unveiling soon. (ETHCC event) • $CQT - Covalent raised $5 million in a strategic funding round led by RockTree Capital. • $JUP - Jupiter CEO #weremeow announced a PPP memecoin experiment, possibly including airdrops. • $KAS - #MarathonDH has mined 93M KAS tokens since Sep 2023. • $MAGIC - Treasure's "The Beacon" has surpassed 200K daily active users. • Nate Silver's first forecast of this election season gives Donald Trump a 66% chance of winning at the moment. $TRUMP $MAGA
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Trending News 🗞️ US government sends 3,940 Bitcoins to Coinbase exchange 🗞️ Bankless: What major developments have been made in the crypto industry in the first half of 2024 🗞️ Heavy Metal Band Metallica Joins List of Celeb Meme Coin Scam Victims: Which Celeb(s) Will Be Next? 🗞️ From Graham to Satoshi: An Investor's Guide to Bitcoin Value
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#TRX/USDT We have Bullish Weekly Structure🐃 → Bullish Pennant above the Middle Resistance Zone → Higher Lows → EMA 50 Supports Looking for a break out and leg upwards✈️ 🎯1 Target - 0.17690$ 🎯2 Target - 0.22135$ $TRX
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THE NEXT PHASE FOR #BITCOIN 💰 IS STARTING $BTC
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